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A: When talking about the theory of John Rawls on the social welfare, it can be said that he beleives…
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A: Suppose that society decided to reduce consumption and increase investment.i. How would this change…
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A: Opportunity costs represent forgone benefits from a next best alternative.
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A: When talking about the consumer surplus, it is the amount of money that an individual is able to…
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A:
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A:
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A:
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A: Marginal cost (MC): - it is the additional cost incurred due to the production of additional units…
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A: Hedging is a risk management strategy that involves taking an opposite position in a related asset…
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A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
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A: Natural resource economics studies the provision, demand, and allocation of natural resources round…
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A: Profit maximizing problem for factor demand means how much input Z1 and Z2 should be employed to get…
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A: Answer is given below
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A: Monopoly output is produced where MR=MC
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A: Total utility is the general fulfillment that a buyer gets from the utilization of specific labor…
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A: Here, the given table depicts the balance sheet of the First Bank of AlAin City.
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A: Marginal revenue product refers to the revenue generator by the additional unit of labor. When the…
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A: Income inequality means the degree to which income is distributed unequally throughout a…
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A: We have, y = zk.3, s = 0.25 d = 0.1 n = 0.02.
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A: Marginal Product = MP = 10 - X Output Price = P = 3 Variable Price (Wage; w) = 15
Q: How does the United States fare on quality of care?
A: Answer is given below
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A: In a market, there is a significant relationship between marginal revenue product and price level to…
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A: Income = 200 per week Cost of Running Shoes = 20 Cost of Basketball Shorts = 20
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A: Utility function : U = ln (Ct) + Nt Budget Constraint : Ct = wNt + Dt Optimal point of consumption…
Q: 4. Here is the expression for money market equilibrium that we discussed in class: M = P· L(Y,r +t®)…
A: Money Market Equilibrium : Money Supply = Money Demand M/P = L(Y , r + pie ) Growth rate expression…
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A: The contribution margin is the selling price minus variable cost. Contribution margin ratio =…
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A: LM curve is used to represent the liquidity of money.
Q: 4. Here is the expression for money market equilibrium that we discussed in class: M = P. L(Y,r +…
A: Money Market Equilibrium : Money Supply = Money Demand M/P = L(Y , r + pie ) Growth rate expression…
Q: Rational trade is not always required to reach a core allocation.
A: Pareto-efficiency: It is the situation wherein in order to make someone better off it is needed to…
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A: The difference between renewable and nonrenewable resources is that renewable resources can be…
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A: Carrying cost of inventory alludes to the complete cost of holding inventory.
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A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
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A: The Sum of all the goods and services produced in an economy in an accounting year is GDP (Gross…
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A: In this question, we have been given:- Jalapeno jack is a worker whose preference is U=ZF. He has an…
Q: n a graph, market producer surplus is equal to what area? Question 11 options: a) The area…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
How does the United Nations influence global economic activity?
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